Hi Oliver. The purpose of them is to introduce young people into business and personal relationships that will greatly benefit them in the future. It is the ultimate networking setup for college students. Plus, you make great friendships and bonds with other people. We also put on many philanthropic events to raise money for certain charities as organizations in need and we volunteer our time to do community service in our city. There is your answer Oliver.
Ps, KRNV, you are just as horrible at reporting stories as the RGJ. Those videos you shot are not of Lambda Chi Alpha, or any other fraternity for that matter. That is Pi Beta Phi, a sorority. Maybe if you took time to report the news accurately you wouldn't mistake minor details as this. Did you guys ever take a Journalism course? Because it does not appear so. Maybe try a little harder next time.
-Decker